Answer:
the lump sum that would equal the present value of the annual installments is $38,163,612
Explanation:
The computation of the lumspum amount is as follows;
= Cash flow × (1 - (1 + rate of interest)^-number of years) ÷ rate of interest)
= $89 million × (1 - (1 + 0.0765)^-26) ÷ 0.0765)
= $38,163,612
Hence, the lump sum that would equal the present value of the annual installments is $38,163,612
Therefore the above is calculated by applying the given formula
Answer:
360 degree assessment.
Explanation:
360 degree assessment. - it is that type of assessment which include feedback from the higher official on the basis of their skills, innovation etc as a positioned of leader or manager etc.
The main purpose of this assessment is to assess the strong point and weak point of any leader on different level. it is essential for any organisation to evaluate the strong point of their employee on different level so that their strength can be use for the betterment of organisation.
A characteristics of a mixed economy is a mix of both private and government control.
